Virtual stop in pips

[sajadhmz.vp.phd]

Hello everyone
I have a stop line in chart which is red .
And I want to comment the distance between close 0 and stop line in pips .

I use this way :
Close 0 - Stop line
If it is negative * -1
Then * 10 000

Like this :
1.12767 - 1.13597 = - 0.0083

• 0.0083 * -1 = 0.0083
  0.0083 * 10 000 = 83 pips

Does anyone know a better way that is suitable for all pairs and currency ? ? ? ? ? ?

I want to calculate the distance between current price and my virtual stop line .

[sajadhmz.vp.phd]

Hello everyone
I have a stop line in chart which is red .
And I want to comment the distance between close 0 and stop line in pips .

I use this way :
Close 0 - Stop line
If it is negative * -1
Then * 10 000

Like this :
1.12767 - 1.13597 = - 0.0083

• 0.0083 * -1 = 0.0083
  0.0083 * 10 000 = 83 pips

Does anyone know a better way that is suitable for all pairs and currency ? ? ? ? ? ?

I want to calculate the distance between current price and my virtual stop line .

[l'andorrà]

@sajadhmz-vp-phd Because different charts can use different pip size rules, you'll have to use different modifier accordingly. However, by using some custom code, you can do the calculation regardless the pip size rules. You can find soem hints trhough the search tool here in the forums. The key works should be "point size".

[jstap]

high - low will give you the value in points, so do the opposite valuation if price is above